Dragonfly Energy Partners with World’s Largest Teardrop Manufacturer to Provide Full Lithium Power Systems
11 July 2023 - 9:30PM
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy”
or the “Company”), maker of Battle Born Batteries and an industry
leader in energy storage, today announced that the Company’s
lithium-ion batteries will be standard equipment in all nuCamp RV
(“nuCamp”) travel trailer and truck camper products beginning in
the 2024 model year. Battle Born Batteries have previously been
offered as an upgrade option for nuCamp customers since 2022, and
this agreement expands that partnership to fully integrated power
systems supplied by Battle Born Batteries including lithium-ion
batteries, inverters and additional necessary components.
“We have been working with nuCamp since early
2022 and we believe the relationship has been incredibly
synergetic,” Wade Seaburg, Chief Revenue Officer for Dragonfly
Energy, said. “The nuCamp team prioritizes quality, craftmanship,
and providing the best experience for their customers. They were
quick to see how Dragonfly Energy power systems can help them reach
that goal. We started out testing by providing some full power
systems on a small scale, and the response from their customers was
very positive which we believe has led to making Battle Born
Batteries power systems standard for nuCamp.”
Beginning in Q3 2023, the 2024 nuCamp model year
products will begin shipping with Battle Born Batteries power
systems as standard equipment. NuCamp is the first towable trailer
manufacturer to install lithium batteries as standard across all
makes and models produced. Power systems provided will include
lithium-ion batteries, inverters, solar charge controllers and all
other necessary components. Base packages include 100Ah power
systems, with optional upgrades up to 810Ah, offering customers
boondocking ready trailers to fit any style of camping.
“At nuCamp, we are always working to improve our
products and create the best experience possible for our
customers,” Scott Hubble, CEO at nuCamp, said. “We believe adding
Battle Born Batteries and lithium power systems to our products
will provide that added level of function and high quality that our
customers have come to expect. We are privileged to have a partner
like Dragonfly Energy and are excited to become the first towable
lineup that has decided to feature these batteries as standard
equipment across all makes and models.”
NuCamp, the world’s largest teardrop
manufacturer, is considered to be one of the highest quality
teardrop trailer and small camper manufacturers successfully
producing products since 2004, ahead of the tiny living and
off-grid trend. The team at nuCamp is highly dedicated to quality
and providing the best product possible for their customers. These
core values align with Dragonfly Energy, promoting hard work, doing
the right thing, putting customer service first and genuinely
caring about customers and the product that is put out. NuCamp
joins a growing list of recreational vehicle manufacturers who now
include Dragonfly Energy’s products as standard equipment.
About Dragonfly
Energy Dragonfly Energy Holdings Corp. (Nasdaq: DFLI)
headquartered in Reno, Nevada, is a leading supplier of deep cycle
lithium-ion batteries. Dragonfly Energy’s research and development
initiatives are revolutionizing the energy storage industry through
innovative technologies and manufacturing processes. Today,
Dragonfly Energy’s non-toxic deep cycle lithium-ion batteries are
displacing lead-acid batteries across a wide range of end-markets,
including RVs, marine vessels, off-grid installations, and other
storage applications. Dragonfly Energy is also focused on
delivering an energy storage solution to enable a more sustainable
and reliable smart grid through the future deployment of its
proprietary and patented solid-state cell technology. To learn
more, visit www.dragonflyenergy.com/investors.
About nuCamp nuCamp
manufactures some of the highest quality recreational vehicles
available in North America. The dedicated craftsmen are committed
to building with integrity and embracing innovative design with
superior construction techniques and strict quality control,
setting nuCamp apart from other manufacturers. Every nuCamp product
is meticulously created by hand in Sugarcreek, Ohio. With the
mission ‘to build the exceptional’ nuCamp has intentionally chosen
to place quality and customer care squarely at the center of
everything they do. Perhaps that is why nuCamp continues to hold
the title as the world’s largest manufacturer of teardrop
trailers.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements include all statements that
are not historical statements of fact and statements regarding the
Company’s intent, belief, or expectations, including, but not
limited to, statements regarding the Company’s agreement with
nuCamp RV, the Company’s future results of operations and financial
position, planned products and services, business strategy and
plans, market size and growth opportunities, competitive position
and technological and market trends. Some of these forward-looking
statements can be identified by the use of forward-looking words,
including “may,” “should,” “expect,” “intend,” “will,” “estimate,”
“anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,”
“could,” “would,” “continue,” “forecast” or the negatives of these
terms or variations of them or similar expressions.
These forward-looking statements are subject to
risks, uncertainties, and other factors (some of which are beyond
the Company’s control) which could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. Such factors include those set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the Company’s Annual Report on Form
10-K for the year ended December 31, 2022 and in the Company’s
subsequent filings with the SEC available at www.sec.gov.If
any of these risks materialize or any of the Company’s assumptions
prove incorrect, actual results could differ materially from the
results implied by these forward-looking statements. There may be
additional risks that the Company presently does not know or that
it currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. All forward-looking statements contained in this press
release speak only as of the date they were made. Except to the
extent required by law, the Company undertakes no obligation to
update such statements to reflect events that occur or
circumstances that exist after the date on which they were
made.
Investor Relations Sioban Hickie, ICR,
Inc.DragonflyIR@icrinc.com
Media RelationsAmy Demuth, RAD Strategies
Inc.team@radstrategiesinc.com
Source: Dragonfly Energy Holdings Corp.
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